Ten chip sectors tipped to grow

LONDON Ė Ten product categories, led by tablet processors and mobile phone application processors, are projected to enjoy a growth rate of 6 percent or better in 2013, according to market analysts IC Insights. The firm forecasts that the total IC market will grow 6 percent this year.

IC Insights forecasts that 22 product categories will show year-over-year growth in 2013, more than double to 10 product categories that grew in 2012.

After two consecutive years of steep declines in 2011 and 2012, the DRAM market is forecast to increase 9 percent in 2013. DRAM unit growth is expected to increase by only 2 percent, but the overall average selling price is forecast to jump 7 percent this year.